Overnight roundup courtesy of Spreadex – 04/01/13

By
0 mins. to read

European futures are indicating a lower open this morning as US budget talks continue. US House Speaker John Boehner is trying to unite Republicans around a plan to reopen the government and raise the debt ceiling. Boehner remains under pressure from his own part to put an end to what has been a four day shutdown. House republicans will meet at 10 a.m today in Washington. US monthly Non-Farm Payrolls will not be realised as scheduled following the US shutdown. 

Asian stocks traded in negative territory overnight, set for the biggest weekly loss in a month as investors trimmed risk until the US budget impasse is resolved. Gold remained higher this morning on speculation that the first US government shutdown in 17 years and a standoff over raising the country’s debt limit will spur demand for the metal as a haven.

Take part in our poll

Of the stocks covered by Master Investor in the weekly Small Cap Round Up, which ones do you hold?


Comments (0)

Comments are closed.

YOUR FREE INVESTMENT MAG

Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.